1. The document discusses the concept of mode in statistics, including definitions, methods of computing mode in individual, discrete, and grouped series, merits and demerits, and uses. 2. Key methods discussed include computing mode by inspection when values are small, making discrete or grouped series when values are large, and using the formula Mode = 3Median - 2Mean. 3. The mode is the value that occurs most frequently in a data set and indicates the central tendency. It is useful when wanting a representative typical value.